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[sharechat] TMN to TMN (2)

From:	"Matthew Van Veen" <mattvanveen@hotmail.com>
Date:	Sun, 05 Aug 2001 21:11:17 +1200

Telemedia has been sold for a sum less than that owed to the secured 
creditor. The Companys assets have been sold to Telemedia2 (TM2) 2 weeks 
ago. TM2 is a Company formed by Chris Jones and Jenny Morel of Morel and Co. 
It has purchased virtully all of Telemedia including intellectual property 
and hardware. However since its receivership, alot of its development team 
has gone elsewhere.
It will be an interesting to see if Chris Jones can do it all again with 
TM2.


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